SOLD
RECENT ADVICE
Sold on 14 Jun 2024 for $1,200,000

1301/5-19 Palm Avenue
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 1301/5-19 Palm Ave, Surfers Paradise

1301/5-19 Palm Ave, Surfers Paradise is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
150/BUP106473

Last Listing description (June 2024)

Nestled on the 13th floor of the renowned "Crown Towers," this fully renovated apartment presents an exceptional opportunity for those seeking the epitome of luxury living amidst the heart of Surfers Paradise. Boasting 3 bedrooms and 2 bathrooms, this expansive residence enjoys multiple panoramic aspects, affording unparalleled vistas of the hinterland, broadwater, and city skyline. For investors, the potential high-income return provides an opportunity not to be over-looked.

This stunning open-plan layout will impress you instantly from the front door with the living, kitchen, and dining areas adorned with Herringbone hybrid flooring, creating an inviting space perfect for both relaxation and entertainment. The well-appointed kitchen is outfitted with premium appliances and a convenient breakfast bar, appealing to both culinary enthusiasts and aspiring chefs alike. The master suite serves as a separate retreat, featuring a large walk-in wardrobe and an opulent ensuite with a lavish bath.

Step out onto the expansive entertainer's balcony and be mesmerised by the panoramic views that unfold before you, offering an idyllic setting for hosting gatherings or simply unwinding amidst the breathtaking backdrop.

This residence presents an unmissable opportunity for discerning owner-occupiers seeking an unrivalled blend of lifestyle and locale, as well as savvy investors eyeing a lucrative asset.

"Crown Towers" presents an array of resort-style amenities, including a tropical lagoon pool featuring a sandy beach and waterslide. Indoor and outdoor heated pools ensure year-round enjoyment, while additional facilities such as a games room, BBQ entertaining area, spa, sauna, and fully-equipped gymnasium cater to every recreational desire.

Positioned in a highly coveted locale, residents benefit from immediate access to the iconic beaches of Surfers Paradise, promising endless days of sun, sand, and surf. Moreover, the vibrant heart of Surfers Paradise beckons with its eclectic array of dining, nightlife, and entertainment options. With convenient access to nearby light rail and public transport routes, every convenience is within effortless reach.

KEY FINISHES:
- Full drop-down ceiling with dimmable and feature LED lights throughout
- Herringbone hybrid flooring
- 2pac kitchen joinery with Polytec panelling
- 100% chunky loop wool carpet to all 3 bedrooms
- 1.85m vanity with double basins to both bathrooms
- Westinghouse Pyrolytic oven and Bosche induction cooktop
- Kitchen bench pop-up power/charging tower
- New fully ducted AirTouch 5 A/C system (controllable by your phone)
- 3 x bedrooms all with new custom built-in wardrobes
- Self-contained laundry with storage and combined washer/dryer
- New curtain window furnishings throughout

ADDITIONAL FREATURES
- Completely renovated throughout - Move straight in or rent out and enjoy the returns
- Master bedroom with ensuite, walk in wardrobe
- Newly tiled entertainer's balcony with spectacular Broadwater, city skyline, and hinterland views
- Secure parking for 1 vehicle in basement
- Resort style facilities including lagoon pool with sandy beach, waterslide, indoor outdoor heated pools, games room, spa, sauna, gym & BBQ entertaining
- Walking distance to Surfers Paradise beaches, popular cafes and restaurants

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 1301/5-19 Palm Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,200,000
14 Jun 2024
  • 02 Jun 2024
    Sold for $1,200,000
  • 02 May 2024
    Listed for Sale Contact Agent
  • 07 Jan 2023
    Sold for $685,000
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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,208 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 328 properties listed for sale, and 99 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 properties were sold in the past 12 months in Surfers paradise.

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Anthony Cheeseman
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Ben Fry
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Ray White - Prestige Gold Coast
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.